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Laser Interferometer Market DOC

Laser Interferometer Market is driven by increase in demand for laser interferometers in automotive sector

Laser Interferometer Market is driven by increase in demand for laser interferometers in automotive sector

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REPORT DESCRIPTION<br />

<strong>Laser</strong> interferometer is a system which uses laser as a source of light because of the high intrinsic brilliance and<br />

monochromaticity of laser lights. These systems offer the advantages of nano scale and long distance<br />

measurements. <strong>Laser</strong> interferometers also offer the combination of precise resolution and accuracy which makes it<br />

applicable for flat panel inspection, wafer steppers and nano scale micromachining. They were developed for<br />

meeting the growing demands of high precision displacement calibration in the automotive and semiconductor<br />

industries. However, the precision of these interferometers changes with the way they are used and time. Therefore,<br />

they are prone to errors if they are not calibrated on a regular basis.<br />

The major application areas of laser interferometers are in electronic manufacturing, automotive and machine shop.<br />

Automotive industry accounts for the major application area of these the laser interferometers. These systems are<br />

also used widely in the semiconductor industry. The semiconductor and automotive industries continuously require<br />

these high-quality systems in order to produce highly precise and complex parts. <strong>Laser</strong> interferometers are used in<br />

machine shops for checking the accurate measuring of the industrial parts. Other application areas of laser<br />

interferometers include consumer electronics, ophthalmology and defense & aerospace. The defense and aerospace<br />

sector is providing growth opportunities to the global laser interferometer market.<br />

The increase in demand for laser interferometers in the automotive sector is primarily driving the global market. The<br />

key applications of laser interferometers in this sector include alignment, dimensional measurement, profiling and<br />

control. Moreover, potential growth opportunities of the laser interferometer market in Asia Pacific are also boosting<br />

its growth globally. Many companies in this region are trying to establish global presence by setting up their plants.<br />

Thus APAC is gaining momentum in terms of increased market share. However, high cost of laser interferometers<br />

and limited knowledge of customers regarding these high-quality products are hindering the growth of the market.<br />

Due of the high cost of the laser interferometers, only large companies are able to procure them. However, small<br />

and medium enterprises in Europe such as <strong>Laser</strong>tex, SSIA and EKMO R&D have developed rigid and compact laser<br />

interferometers at lower cost.<br />

For Technical Aspects of <strong>Laser</strong> <strong>Interferometer</strong>s Get Brochure at: http://bit.ly/2bJ4Blk<br />

The global laser interferometer market can be segmented, on the basis of types into intelligent single-axis systems<br />

and multi-axis systems. The market for laser interferometers can be segmented based on its application areas into a<br />

wide range of industries including automotive, consumer electronics, semiconductor, ophthalmology and defense &<br />

aerospace. Furthermore, the laser interferometer market is geographically bifurcated into five broad regions,<br />

namely: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and Latin America.

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